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Get Fluent in Blockchain, Architect a Better Future

These days mirror the late 1990s, when the Internet evolved to widespread use—and the topic bedeviled many. But others—in banking and entertainment, for example—who quickly learned the new lingo and jumped at the chance to explore the Web’s potential benefited greatly. Today’s tantalizing topic: blockchain.

Combined with AI, IoT, Blockchain Can Meet Many Supply Chain Challenges

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

‘Digital Twins’ Have Positive Plant-Wide Impact

One of the foundational aspects of Industry 4.0 protocols is the creation of electronic “digital twin” models of product data and production processes. This includes an exact replica of all machine tools, including complex work envelopes showing the particular spindles, fixtures, and cutting tools.

Price Downturn Leads Shale Producers to Greater Efficiency

After petroleum prices collapsed in the mid-2010s, shale oil and gas producers responded to the down-swing by borrowing techniques and technology from the energy sector’s offshore well operations, manufacturing, and even the medical industry to increase efficiency.